Earnings

First Quantum Minerals (FQVLF) Set to Release Quarterly Earnings

Published February 4, 2025

First Quantum Minerals (OTCMKTS:FQVLF) is scheduled to release its quarterly earnings after the market closes on Tuesday, February 11th, according to Financial Modeling Prep. Analysts are predicting that the company will report earnings of ($0.01) per share alongside revenues of approximately $1.20 billion for the quarter.

Current Stock Performance

As of Tuesday, First Quantum Minerals shares opened at $12.13. The company boasts a market capitalization of $10.12 billion, a price-to-earnings ratio of -5.44, and a price-to-earnings-growth ratio of 49.30. Additionally, the company has a beta of 1.50, which indicates a higher volatility compared to the market.

First Quantum Minerals’ current ratio stands at 1.80, while its quick ratio is 0.93, and the debt-to-equity ratio is 0.48. The stock’s fifty-day simple moving average is $13.36, and the 200-day simple moving average is $12.87. Over the past year, the company’s shares have experienced a low of $8.22 and a high of $15.23.

Analysts’ Ratings and Forecasts

According to data collected from MarketBeat, First Quantum currently holds a consensus rating of "Moderate Buy" with a suggested price target of $16.00.

About First Quantum Minerals

First Quantum Minerals Ltd. and its subsidiaries are active in the exploration, development, and production of various mineral properties. The company mainly focuses on copper, nickel, pyrite, silver, gold, and zinc ores, along with the production of acid. The company's operations span various countries, including Zambia, Panama, Finland, Turkey, Spain, Australia, and Mauritania, and it has a development project underway in Zambia.

Considerations for Investors

Before investing in First Quantum Minerals, it is advisable to consider insights from leading analysts. MarketBeat emphasizes that, even though First Quantum is rated as a "Moderate Buy," there are five other stocks that top analysts currently favor more strongly.

Investors can stay informed about upcoming investments and trends by monitoring financial news and ongoing company analyses, which can help in making well-informed decisions regarding their investment strategies.

Earnings, Stocks, Investors